Update: Merger has been agreed to (Bloomberg)
OfficeMax and Office Depot are in talks regarding a merger with a possible deal being made early this week, although talks are still ongoing. Should this merger happen, there would likely be rationalization of the combined store network. Stores that are less than 0.5 miles apart would be at the top of the rationalization list. These are indicated on the map below.
Wall Street Journal - Landlords Prefer Deals Like Office Depot-OfficeMax to Liquidations
Financial Post - Office Depot, OfficeMax in merger talks to compete with Staples
Forbes -Office Depot - OfficeMax Merger Would Probably Avoid Antitrust Issues
Reuters -OfficeMax investor says will support Office Depot merger
International Business Times - Office Depot, OfficeMax Merger: Office Supplies Retailers Reportedly In Talks To Merge
The Star - Buyout talks send Staples stocks soaring with biggest intraday gain in 4 years